the short sale specialist

Hello, I am Mark Peek with Keller Williams Real Estate, your Roseville and Sacramento short sale specialist. In fact, I want to talk to you right now about being a short sale specialist. What does it mean to be a short sale specialist and who is a short sale specialist? Some brokers that I’ve talked to suppose that since they’ve taken a class, possibly a certified negotiation expert class and gotten a designation or maybe a CDPE which is a certified default property expert designation and taken a class that they’re now a short sale specialist. Well I can inform you first hand that those lessons alone won’t make you a short sale specialist. There’s so much more once you’re truly negotiating and getting these offers accepted and closed and understanding who and when to contact certain individuals at the bank. Do they teach you that in those classes; absolutely not.

pickett street

Hello, I am Dennis Pearce with Pickett Street Properties, and I am Jesse Moore with Pickett Street Properties as well and we’re Seattle’s main short sale team. Today we are going to speak about liens and lienholders and what the debt seems like once we stack it up in one of these short sale negotiations.

One of many issues that is going to determine if it’s going to be a simple process or a tougher process is how many liens you might have on the property. So whenever you bought the property did you get simply the primary mortgage, did you set a significant of money down or did you get a second mortgage to make up the difference?

Pickett Street

Property buyers are on the lookout for great opportunities in the real estate marketplace and great values can be found in most markets across the country. Auctions are becoming much commoner. It’s not rare to see auction corporations aggressively promoting the investment properties present at their associated auctions. The wide range of auction deals are appealing to not just seasoned investors in property but also homeowners and newbie real estate investors. There are several different sorts of auctions being conducted today.

Short Sales Done Easy

We would like to present a part of our team. This is our negotiator, Shawn. Shawn and I would like to talk about a few of the myths and answer some of the questions that many people have.

First of all, you can short sale a house including a HELOC. The difference between a customary second purchased money loan and a HELOC. HELOC stands for a home equity line of credit. It’s dissimilar from a conventional second mortgage since the bank has the ability to go after the deficiency. It’s seen similar to a credit card.

A short sale occurs when a lien holder for the property agrees to a reduction in the property lien or loan to progress a real estate sale. A potential buyer of this property has the opportunity to purchase the property at a reduced sum. A short sale of a property is an alternative to allowing a homeowners property to be foreclosed.

How Does a Short Sale Work?